US giant interested in entering Polish ATM market

Carditronics, the biggest US ATM operator considers entering Polish market. So far, the operator made partnership deal with BZ WBK bank, Puls Biznesu daily reported. “It is hard to imagine that the Americans will build a network from scratch, because it would be too expensive. They may want to takeover one of the networks,” an anonymous source was quoted by Puls Biznesu. “There is a room for developing ATM networks in Poland,” another source stated. Polish ATM market is divided into two types of networks: either owned by independent operators or managed by the banks themselves. Euronet is the biggest one with 23 percent share of the market while PKO BP ranks second with 16 percent. Carditronics operates over 40,000 machines in the US, 11,000 in the UK and 2,600 in Mexico.